North Dakota has $7.1 billion available after bills have been paid, which breaks down to $24,900 per taxpayer.

North Dakota's reported net position is inflated by $152.2 million, largely because the state defers recognizing losses incurred when the net pension liability increases.

Despite a recently implemented accounting standard meant to increase transparency, North Dakota still excludes $348.4 million of pension debt from its balance sheet. In addition, the state is still hiding $50.3 million of its retiree health care debt. A new accounting standard will be implemented in the 2018 fiscal year which will require states to report this debt on the balance sheet.

The state's financial report was released 161 days after its fiscal year end, which is considered timely according to the 180 day standard.

IN THE NEWS

"Heitkamp's talk of deficits is pure speculation and none of it takes into account the economic growth the Trump pro-growth agenda is delivering." - statement on the website Get the Facts ND, June 4, 2018